Participated · Series F · Jun 2026

Digital Asset builds and operates the Canton Network, a public, permissionless Layer 1 blockchain that provides protocol-level privacy and confidentiality guarantees and runs applications written in its open-source smart contract language, Daml. Canton is designed to enable tokenized asset workflows across multiple parties while keeping transaction data confidential, and it has attracted marquee institutional participants including Visa, Goldman Sachs, and DTCC. The network has processed or issued more than $6 trillion in tokenized assets according to prior reporting, and Visa became a Canton Super Validator and added Canton to a stablecoin settlement pilot. The Canton ecosystem has also seen activity such as a $540 million raise by Canton Strategic Holdings (formerly Tharimmune) to build a Canton Coin treasury and a project called Zenith completing atomic swaps between Canton and an EVM-compatible environment. On the financing front, Digital Asset raised $135 million in June 2025 and $50 million in December 2025, and is now pursuing a roughly $300 million round led by a16z crypto. The company is backed by trading firms and banks including DRW Holdings and Citadel Securities.

Participated · Equity · Nov 2025

Founded in 2016, Groww began as a direct-to-consumer mutual fund distributor and has evolved into a full-stack wealth management platform offering stockbroking, digital lending, and allied financial services. It now holds the position of India’s largest stockbroker with 13 million active traders as of February, outpacing rivals Zerodha and Angel One. The company recently deepened its advisory capabilities by acquiring PayU-backed fintech Fisdom for roughly $150 million. Financially, Groww’s FY25 revenue rose 31 % year-over-year to Rs 4,056 crore while net profit more than tripled to Rs 1,819 crore, a sharp turnaround from the prior year’s one-time tax-driven net loss. Its valuation has more than doubled since 2021, reflecting strong investor confidence. In May, Groww confidentially filed draft papers with SEBI for an IPO targeting $700 million–$1 billion, underscoring its near-term expansion ambitions. Existing backers include Peak XV Partners, Tiger Global, Ribbit Capital, Iconiq Capital, and Singapore’s sovereign wealth fund GIC.

Participated · Series A · Sep 2025

Lila Sciences develops an AI-driven platform that trains models on scientific literature across material sciences, chemistry and life sciences and generates experimental hypotheses. The company pairs those model outputs with laboratory setups to experimentally validate and close the loop between prediction and reproducible results. Reporting says Lila aims for a domain‑crossing, general-purpose science enablement stack rather than narrowly focused tools. Financially, it has completed a reported $200 million seed, emerged from stealth last year, and closed a $350 million Series A in October that lifted its valuation above $1.3 billion. Current reporting describes Lila negotiating an approximately $2 billion financing to scale compute, inference and laboratory capacity and to accelerate partner programs. The firm's growth narrative emphasizes standardizing experiment and feedback loops to make discovery repeatable and scalable.

Led · Equity · Sep 2025

Vantage Data Centers builds and operates hyperscale data center campuses for the world’s leading AI and cloud providers. The company delivers capacity across North America, EMEA and Asia Pacific and emphasizes speed and scale in deployment and operations. Vantage is accelerating its APAC expansion after securing a $1.6 billion investment to scale its regional platform, led by affiliates of GIC and ADIA with DigitalBridge participating. Planned growth includes the acquisition of Yondr Group’s 300MW+ Sedenak campus in Johor, Malaysia, which will be known as JHB1 and add significant hyperscale capacity. With the Johor addition, Vantage’s APAC operational and planned IT capacity will reach 1GW across Australia, Malaysia, Japan, Taiwan and Hong Kong. The company highlights sustainability features such as direct-to-chip liquid cooling and EDGE certification pursuit, and expects the investment and acquisition to close in Q4 2025. Vantage Data Centers builds and operates hyperscale data center campuses and provides capacity to cloud and AI customers. The company raised €640 million in euro-denominated securitized term notes plus €80 million in unfunded Variable Funding Notes in this transaction. Proceeds will refinance four fully leased German data centers (two in Offenbach/Frankfurt and two in Berlin) and support capital expenditures and broader corporate initiatives. Vantage said the refinancing is intended to accelerate its EMEA expansion and speed time to market to meet mounting AI and cloud demand. The notes have an anticipated five-year repayment date and carry ratings (Class A-2: A-; Class B: BBB) from Standard & Poor’s and Scope Ratings. Over the last year Vantage has raised €2.2 billion in new debt financing for its EMEA platform and previously completed the first-ever EMEA data center ABS in sterling. Vantage develops and operates hyperscale data center campuses across North America, EMEA and APAC, providing power, cooling, protection and connectivity for large cloud and enterprise customers. In 2024 the company expanded into new markets (including Ohio and Ireland), broke ground on six campuses, and opened 11 facilities. Planned and existing global capacity surpassed 2.6GW across 35 campuses in 14 countries and 21 markets. The company secured more than $13 billion in debt and equity investments in 2024 to fund its expansion. Vantage’s global headcount exceeded 1,700 employees at year end, a 32% increase year over year. The company is pursuing net zero carbon emissions by 2030 and reported a Total Recordable Incident Rate of 0.26 in 2024. Vantage powers, cools, protects and connects the technology of hyperscalers, cloud providers and large enterprises and develops and operates data centers across five continents including North America, EMEA and Asia Pacific. The company focuses on delivering reliable, efficient and sustainable hyperscale data center campuses in flexible environments that can scale with market demand. Vantage’s EMEA portfolio includes approximately 2.5GW of IT capacity that is operational or in development. The announced capital will expand the company’s investor base and capital sources to support delivery of additional high-quality, sustainable campuses. The company said GIC and MEAG will invest a combined €1.4 billion ($1.5 billion USD) into its EMEA data center platform. The transactions are expected to be finalized in the first quarter of 2025, subject to certain closing conditions and regulatory approvals. Vantage Data Centers is a leading global provider of hyperscale data centers. The company is expanding its Québec City Data Center Campus (QC2) with construction of a third facility currently underway by Pomerleau Inc. Once fully developed, the campus will total 925,000 square feet (86,000 square metres) and generate 86MW of combined IT capacity; the new facility will add 16MW of IT capacity. The expansion is intended to meet rising demand for cloud services across Québec and Eastern Canada and to serve Vantage's global top-tier customers. CDPQ committed USD 75 million (CAD 103 million) as part of senior financing to support the project, and the broader USD 130 million (CAD 179 million) credit facility was structured and underwritten by Societe Generale. The new facility is expected to be completed in Spring 2025.

Led · Equity · Aug 2025

GLP develops and manages logistics properties, data centers, renewable-energy projects and related technologies across Brazil, China, Europe, India, Japan, the United States and Vietnam. Through GLP Capital Partners the group manages roughly $80 billion of assets. The company has been expanding its data-center footprint—data-center revenues rose 43% year on year to $193 million. GLP is directing new capital toward logistics, digital infrastructure and renewable energy as demand for data centers and AI-related services grows. The group was taken private in 2017 by a Chinese private-equity consortium including Hopu Investment Management and Hillhouse Investment. It sold the international business of GLP Capital Partners to Ares Management for $3.7 billion in October. Management continues to target a Hong Kong listing, though sources said it will not happen this year.